CHICAGO, Nov. 2, 2016 /PRNewswire/ -- ClientLoyalty, a supplier performance management software company, has added a series of productivity tools to dramatically improve the efficiency and effectiveness of the vendor management process.
Most managers responsible for overseeing supplier relationships struggle with disparate systems and tools to store, search and locate details around supplier contracts, contacts, and documents. This leads to cumbersome, complex and manual processes while increasing risk of incomplete records and poor supplier governance. ClientLoyalty centralizes this process onto a common platform and incorporates a configurable meta data tagging system for flexible and powerful search and audit capabilities when looking for complete or incomplete information in a supplier contract, document, or contact record.
"Making it easy for vendor managers to evaluate supplier performance and ensure compliance with supplier agreements is absolutely critical to ensure governance in strategic, visible and costly supplier relationships," commented Kent Barnett, CEO of ClientLoyalty. "ClientLoyalty's latest update clearly strike a need with the masses of managers struggling amongst multiple data sources to stay on top of supplier risk and performance."
ClientLoyalty is a game-changing technology designed to centrally collect KPI's, feedback, risk and sentiment data and aggregate this information into an automated scorecard that is easy to use, benchmark and share. The latest updates add to the value of the software for a vendor manager who not only evaluates supplier performance but also must oversee supplier compliance with contracts and other relationship details.
ClientLoyalty is a supplier performance management software company. ClientLoyalty's supplier scorecard system automates and centralizes the collection, scoring and reporting of operational metrics, 360 feedback, risk ratings and social sentiment to benchmark, share and continuously improve supplier performance in a user-friendly, flexible and affordable manner. www.clientloyalty.com
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